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Newspaper
Harrisburg Telegraph
Location
Harrisburg, Pennsylvania, United States of America
Date
Dec 19, 1916
Page
18
Lloyd George warns that without reparations peace is impossible and calls for firm guarantees against future treaty breaches. He outlines wartime governance changes, national service plans, and a conference with dominions while noting Ireland, labor mobilization, and food issues amid a global crisis.
The hall was filled as every seat on the floor and galleries sold out. Diplomatic representatives and Lords' benches housed distinguished guests and allies. The premier and former premier Asquith entered to enthusiastic Liberal cheers, with Sir William Robertson in the gallery in khaki.
Wall Street tracked Britain's stance on Germany's peace proposals as trading opened unevenly then firmed. War shares led gains with advances from last week's lows, as market participants digested fragments of the British premier's speech and predicted potential policy shifts.
Wheat prices jumped more than 7 cents in Chicago trading on reports that Lloyd George’s speech left a door open for Germany to present terms. May wheat touched 1.71 and then fell to 1.65 after renewed selling and uncertainty about peace negotiations.
Rome reports Foreign Minister Sonnino in the Chamber of Deputies stating Italy will not reject peace proposals from the Central Powers if concrete bases are offered. He noted no sign of negotiation terms in the enemy note and refused to disclose substance of Italy’s reply, promising publication when drawn up.
Baron Sonnino addressed deputies urging unity and caution against accepting peace terms that could divide allied nations. He warned the peace proposals could mislead the public and cautioned not to split from allies. The chamber backed the government with a 276 to 40 vote and ordered the foreign minister's speech placarded.
Washington notes Count Von Bernstorff, after Lloyd George speech, suggesting Britain may not refuse talks on peace. Diplomatic circles expect efforts toward a peace conference. Germany and its allies would respond with terms if Britain and allies asked for defined terms. No official comment, but mood favors possible discussion.
Stephane Lauzanne editor of Le Matin on a mission for the French government disclosed peace terms for the Allies. Transylvania to Romania Trentino to Italy Alsace Lorraine to France Constantinople to Russia Turkey out of Ku Restoration and indemnity of Belgium and Serbia. Armament limits set with Germany to reduce first. An indemnity of 20 billion dollars partially via duties on German imports. Lauzanne close to Ambassador Jusserand in Washington and serves as Le Matin chief.
The cotton market in New York fell sharply as gloom over peace prospects prompted heavy selling by Liverpool and broad liquidation. May contracts slipped to 17.50 a bale below prior close amid stop orders and new lows for the movement. William I Reed dies at 88 in Lansdowne Pa Pioneer cloth manufacturer and longtime arts patron. He headed the Pennsylvania Society for the Prevention of Cruelty to Animals and leaves four daughters and four sons.
Paris reports Captain De Beauchamp who bombed Munich in November died in an air battle near Douaumont. He flew 437 miles from the Alps to reach Munich and once dropped bombs on the German emperor's headquarters in Mezieres Charleville, prompting the emperor to move staff offices.
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